Each department in company that carries out value

Assignment Help Financial Management

Reference no: EM132059180

1. Demand would most likely be inelastic for which of the following?

a. Lamb chops and t-bone steaks

b. Gourmet cheese

c. Symphony tickets

d. Luxury watches

e. Basic necessities

2. Each department in a company that carries out value-creating activities can be thought of as a link in the company's ________.

a. supply chain

b. enterprise resource planning system

c. vertical marketing system

d. value chain

3. When a major moving van company sells accessory products (boxes, bubble wrap, etc.) that must be used in moving a household's furniture, the company is practicing captive pricing.

a. True

b. False

4. If a company's differential advantage is its customer service, it has planned to:

a. generate highest possible customer satisfaction in order to attain customer loyalty.

b. be customer-driven and obsessed with providing better solutions to its customers.

c. invest in resources to constantly monitor customer response, plan great service recovery and ensure they have happy employees.

d. Only answers b and c are correct.

Reference no: EM132059180

Questions Cloud

Describe the slant and steepness of a line : Explain how you could use the numerical value of slope to describe the slant and steepness of a line.

Define characteristics of effective written communication : What characteristics of effective written communication lead to quality psychology research writing? Why? The response must be typed.

Repayment for commercial loans made by community bank : Why is collateral a ready source of support and the secondary source of repayment for commercial loans made by a community bank?

Equation of the line tangent to the graph : Find f'(x) and find the equation of the line tangent to the graph of f at the indicated value of x. Find the? value(s) of x where the tangent line is horizontal

Each department in company that carries out value : Each department in a company that carries out value-creating activities can be thought of as a link in the company's ________.

How do you use the skills in your workplace : How does effective oral communication differ from effective written communication? What effective oral communication skills do you possess?

Estimate the accuracy of the approximation : Use Taylor's Inequality to estimate the accuracy of the approximation f(x) ˜ Tn(x) when x lies in the given interval.

Absolute and relative purchasing power parity theorems : Use Absolute and Relative Purchasing Power Parity theorems and. Calculate 2016 spot exchange rate between dollar and pound.

Describe the line segment that joins the points : Show that the parametric equations x = x1 + (x2 - x1)t, y = y1 + (y2 - y1)t where 0 = t = 1, describe the line segment that joins the points

User Account

All Pages